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Wesco Aircraft Holdings Inc announces sale of common stock by The Carlyle Group

Monday, 2 Jun 2014 04:19pm EDT 

Wesco Aircraft Holdings Inc:Announced the commencement of a public offering of 6,000,000 shares of its common stock by an affiliate of The Carlyle Group.Underwriter will have a 30-day option to purchase up to 900,000 additional shares from Carlyle.Upon completion of the offering, Carlyle will beneficially own about 24.1 pct of the outstanding common stock of Wesco Aircraft, or about 23.1 pct if the underwriter fully exercises its option to purchase additional shares.Says it is not selling any shares of common stock in the offering and will not receive any of the proceeds from the offering of shares by Carlyle.Barclays is acting as the sole underwriter for the offering. 

Company Quote

-0.09 -0.62%
31 Jul 2015